On March 4, JetBlue and Spirit Airlines
announced that a court ruling has blocked
the companies' proposed $3.8 billion merger.
.
On March 4, JetBlue and Spirit Airlines
announced that a court ruling has blocked
the companies' proposed $3.8 billion merger.
.
Associated Press reports that JetBlue said the
two companies are unlikely to meet the required
closing conditions prior to a July 24 deadline.
Both companies' CEOs expressed
disappointment in canceling
the potential deal.
.
We are proud of the work we
did with Spirit to lay out a vision
to challenge the status quo, but given
the hurdles to closing that remain,
we decided together that both airlines’
interests are better served by
moving forward independently, Joanna Geraghty, JetBlue CEO, via Associated Press.
We are proud of the work we
did with Spirit to lay out a vision
to challenge the status quo, but given
the hurdles to closing that remain,
we decided together that both airlines’
interests are better served by
moving forward independently, Joanna Geraghty, JetBlue CEO, via Associated Press.
We are disappointed we cannot move
forward with a deal that would save
hundreds of millions for consumers
and create a real challenger to the
dominant ‘Big 4’ U.S. airlines, Ted Christie, Spirit CEO, via Associated Press.
However, we remain confident
in our future as a successful
independent airline, Ted Christie, Spirit CEO, via Associated Press.
AP reports that JetBlue will be required to
pay Spirit a termination fee of $69 million.
Last year, the Justice Department moved to
block the merger, claiming it would reduce
competition and drive up costs for consumers.
In January, a Boston federal
district judge blocked the deal,
claiming it would violate antitrust laws.
.
News of the cancellation drove
shares of JetBlue Airways up
over 5% in premarket trading.
At the same time, news of the
abandoned merger caused stock
in Spirit to drop over 13%
Victims of disgraced former Team USA doctor Larry Nassar will receive a massive $138.7 million payout from the U.S. Department of Justice. The U.S. Department of.. TMZ.com
Apple May Be Ready , to Support RCS by Fall.
On March 29, Google briefly highlighted
a part of the Google Messages page stating
that Apple is preparing to roll out Rich Communication Services (RCS) support this fall.
On March 29, Google briefly highlighted
a part of the Google Messages page stating
that Apple is preparing to roll out Rich Communication Services (RCS) support this fall.
Some of the page's sections read,
"coming soon on iOS" and
"better messaging for all,"
TechCrunch reports.
Apple has announced it will be adopting
RCS in the fall of 2024. Once that
happens, it will mean a better
messaging experience for everyone, Via Google page description.
Apple confirmed that it was developing
RCS support last November.
While RCS will not eliminate the
"green bubble-blue bubble" differentiation between Android and iPhone users.
it will allow Android users to send iPhone users
hi-res media within their native messaging app.
New RCS features, such as Photomoji, improved voice note audio quality and more, were announced by Google last year.
According to the tech giant,
1 billion people use RCS each month.
The news of Apple's upcoming RCS support comes as the company is being sued by the U.S. Department of Justice over alleged monopolistic practices, TechCrunch reports.
The lawsuit mentions
"green bubbles" as a user security issue
Credit: Wibbitz Top Stories Duration: 01:31Published
China-Based Hackers , Hit With Sanctions and Indictments , Over Cyber Attacks.
ABC reports that the United States has
sanctioned hackers based in China over
alleged attacks on critical U.S. infrastructure.
According to the U.S. Treasury Department,
a state-sponsored front company has provided
cover for multiple cyber attacks on U.S. infrastructure. .
Sanctions by the U.S. and the United Kingdom have
targeted representatives of Wuhan Xiaoruizhi
Science and Technology Company Ltd. (Wuhan XRZ).
The U.S. Treasury Department alleges
that Wuhan XRZ acts as a China-based
Ministry of State Security (MSS) front company. .
ABC reports that the allegations include malicious cyber operations that include the 2020 spear phishing operation against the U.S. Naval Academy. .
ABC reports that the allegations include malicious cyber operations that include the 2020 spear phishing operation against the U.S. Naval Academy. .
On March 25, the U.S. Justice Department indicted seven individuals on charges stemming from their alleged involvement with these malicious operations.
On March 25, the U.S. Justice Department indicted seven individuals on charges stemming from their alleged involvement with these malicious operations.
The Justice Department will not
tolerate efforts by the Chinese
government to intimidate Americans
who serve the public, silence the
dissidents who are protected
by American laws, or steal
from American businesses, Merrick Garland, Attorney General statement, via ABC.
This case serves as a reminder
of the ends to which the Chinese
government is willing to go to
target and intimidate its critics,
including launching malicious cyber
operations aimed at threatening
the national security of the
United States and our allies, Merrick Garland, Attorney General statement, via ABC.
ABC reports that court documents show
that the hackers targeted politicians and
other prominent officials with "tracking links.".
The Conspirators used this method
to enable more direct and sophisticated
targeting of recipients' home routers
and other electronic devices,
including those of high-ranking U.S.
government officials and politicians
and election campaign staff from
both major U.S. political parties, Court documents, via ABC.
The Conspirators used this method
to enable more direct and sophisticated
targeting of recipients' home routers
and other electronic devices,
including those of high-ranking U.S.
government officials and politicians
and election campaign staff from
both major U.S. political parties, Court documents, via ABC
Credit: Wibbitz Top Stories Duration: 01:30Published
The US Justice Department takes on tech giant Apple in a blockbuster antitrust lawsuit, alleging monopolistic practices in the smartphone market. The lawsuit accuses Apple of exploiting its market power to extract higher fees from consumers and developers. Get all the details and the latest updates on this high-stakes legal battle.
#USNews #USSuesApple #USvsApple #USA #Apple #USGovernment #SmartphoneMarket #USJusticeDepartment #AppleNews #Oneindia
~PR.274~ED.194~
These US Cities, Have the Highest Populations of, Millionaires.
According to a report by Henley & Partners,
the United States remains the top country in the
world for private wealth creation and accumulation.
Quartz reports that the U.S. accounts
for about 32% of global liquid investable
wealth, valued at approximately $67 trillion.
Here are some of the cities
with the largest populations of
millionaires, according to the report.
Austin, This Texas city had the biggest explosion
in millionaire growth in the U.S. over the past
ten years, reaching 32,700 by the end of 2023. .
Miami, This Florida city is home to
35,300 millionaires and 15 billionaires,
including Amazon CEO Jeff Bezos.
Boston, While having just eight billionaires,
the fewest of any other city on the list,
this New England city is home to , 42,900 millionaires.
Seattle, This Washington State city is the home of
some of the largest corporations in the U.S.,
including Amazon and Microsoft. It's also
home to 54,200 millionaires and 11 billionaires. .
Chicago, Approximately 120,500 millionaires
live in this Midwestern metropolis. .
Los Angeles, The second-most populous city in the U.S. has about, 212,100 millionaires and 43 billionaires.
San Francisco, The tech hub of the U.S. boasts the most
billionaires with a whopping 68, as well as
the second-most millionaires with 305,700. .
New York, The city with the most high
net worth individuals has about , 349,500 millionaires
and 60 billionaires
Credit: Wibbitz Top Stories Duration: 01:31Published
JetBlue and Spirit Airlines have officially called off their $3.8 billion merger after facing insurmountable regulatory challenges. The decision follows a federal judge's blockage of the deal two..
![Apple May Be Ready to Support RCS by Fall [Video]](https://video.newsserve.net/300/v/20240329/1371307322-Apple-May-Be-Ready-to-Support-RCS-by.jpg)
![China-Based Hackers Hit With Sanctions and Indictments Over Cyber Attacks [Video]](https://video.newsserve.net/300/v/20240325/1370709254-China-Based-Hackers-Hit-With-Sanctions-and-Indictments.jpg)
![US Government Sues Apple Over Smartphone Market Monopoly, Details Inside | Oneindia News [Video]](https://video.newsserve.net/300/v/20240322/1370241460-US-Government-Sues-Apple-Over-Smartphone-Market-Monopoly.jpg)
!['More than a dozen states have joined the Justice Department in filing the antitrust lawsuit' [Video]](https://video.newsserve.net/300/v/20240321/1370131764-More-than-dozen-states-have-joined-the.jpg)
![These US Cities Have the Highest Populations of Millionaires [Video]](https://video.newsserve.net/300/v/20240321/1370122396-These-US-Cities-Have-the-Highest-Populations-of.jpg)
![JetBlue and Spirit Airlines Abandon $3.8 Billion Merger After Regulatory Hurdles [Video]](https://video.newsserve.net/300/v/20240305/1367742668-JetBlue-and-Spirit-Airlines-Abandon-Billion.jpg)
